Word: lows
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Dates: during 2000-2009
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...coast of Somalia, an attack in a region blanketed with "sophisticated surveillance and extensive navies and coast guards is almost unheard of," says Douglas Burnett, a maritime partner at the U.S. international law firm of Squire, Sanders & Dempsey. It is all the more suspicious given the relatively low value of the listed cargo on board. "The cargo on the ship is timber," he says. "No one would steal a ship for timber, especially in European waters. So perhaps the lumber could be a cargo cover. Was it drugs? Was it nuclear weapons? Who knows what could be on that ship...
...Mobilization If H1N1 is too widespread to contain, we're less sure how it will move through the coming northern winter. In the southern hemisphere, where it is winter now, the virus has been spreading fast, but with a low mortality rate. On Aug. 5, Argentina reported that deaths from H1N1 had more than doubled to 337 from 165 two weeks earlier, with around 700,000 suspected cases of the disease so far. The impact has been widespread. Attendance has dropped at Patagonian ski resorts, and flu fears have crippled the Buenos Aires theater business. Across the region, countries...
...Case and Estreller are now at work developing their next architecturally inspired food project: perhaps an experimental supper club or even a line of Popsicles made to resemble famous buildings. "The name of our umbrella company is Farchitecture," says Estreller, who didn't study architecture but currently works in low-income housing development. "Coolhaus is just one of our projects. There will definitely be other projects." Future Frank Lloyd Wrights may want to take note: perhaps you should study food service instead...
...their full-service domestic fleets into budget businesses. In January, India's budget airlines fleet totaled 75 jets, compared with 120 full-service planes. The Center for Asia Pacific Aviation's Kaul reckons that by the end of the year, the skies will be dominated by up to 160 low-fare jets as companies switch to budget operations. (Read "Flying India's Unfriendly Skies...
...director of Bird Group, a New Delhi company that provides technology to the travel industry. Lowering fares may attract more travelers but it may not improve the overall financial health of the industry. "To make profits while shifting business models, the airlines have to think, act, breathe and be low cost," Amitabh Malhotra, managing director of investment bank NM Rothschild & Sons in Mumbai. "That doesn't happen overnight." Adds Patel, India's aviation minister: "This time every airline will learn a lesson the hard...